Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for European Union (27 Countries from 2020)
CP0915EU272020M086NEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.77
Year-over-Year Change
2.14%
Date Range
12/1/2000 - 7/1/2025
Summary
The Harmonized Index of Consumer Prices (HICP) for Repair of Audio-Visual, Photographic and Information Processing Equipment tracks the change in prices paid by consumers for these repair services in the European Union. It is a key indicator of inflationary pressures in the information technology and consumer electronics sectors.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HICP is a comprehensive measure of consumer inflation used across the European Union. The Repair of Audio-Visual, Photographic and Information Processing Equipment component specifically reflects price changes for services like computer and electronics repair. This data helps economists and policymakers assess the health of the consumer electronics market.
Methodology
The HICP is calculated based on a survey of prices paid by consumers across the EU.
Historical Context
This data is used by the European Central Bank and other institutions to monitor inflationary trends and inform monetary policy decisions.
Key Facts
- The HICP covers 27 European Union countries as of 2020.
- Repair services account for a small but important part of household spending.
- Monitoring this index helps track price dynamics in the consumer electronics market.
FAQs
Q: What does this economic trend measure?
A: The Harmonized Index of Consumer Prices (HICP) for Repair of Audio-Visual, Photographic and Information Processing Equipment measures the change in prices paid by consumers for these repair services in the European Union.
Q: Why is this trend relevant for users or analysts?
A: This data is an important indicator of inflationary pressures in the consumer electronics sector, which helps economists and policymakers assess the health of this market.
Q: How is this data collected or calculated?
A: The HICP is calculated based on a survey of prices paid by consumers across the EU.
Q: How is this trend used in economic policy?
A: This data is used by the European Central Bank and other institutions to monitor inflationary trends and inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The HICP data is published monthly with a typical delay of around 2 weeks.
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Citation
U.S. Federal Reserve, Harmonized Index of Consumer Prices: Repair of Audio-Visual, Photographic and Information Processing Equipment for European Union (27 Countries from 2020) (CP0915EU272020M086NEST), retrieved from FRED.